AIG Global Real Estate, the property investor and fund management arm of global insurance and financial services company AIG, is planning the sale of its fund management business. Financial details were not disclosed.
As private equity write-downs proliferate, the secondaries market is providing much-needed cheer, writes Andy Thomson.
Emerging markets are best placed to weather a global financial downturn, writes Jerome Booth.
BC Partners has admitted that the acquisition in June 2007 of UK estate agent Foxtons was the “wrong call”. The firm gave a press conference yesterday to clear the air after months of speculation about the ill health of their recently acquired asset.
Oliver Blechner has resigned amid reported rumours of a personality clash at the top.
More than 10,000 votes were cast for the third annual PERE Awards and here – over the next dozen pages – we present the winners and runners-up of the North American awards. By Robin Marriott, Jonathan Brasse and Zoe Hughes. PERE March 2009
More than 10,000 votes were cast for the third annual PERE Awards and here – over the next dozen pages – we present the winners and runners-up of the Asia and rest of world awards. By Robin Marriott, Jonathan Brasse and Zoe Hughes. PERE March 2009
Björk has lent her name to a fund which will try to stimulate her nation’s stricken economy by investing in local businesses. The fund will be managed by female-centric financial services firm Audur.
Research suggests 2001 was the optimum year for opportunity real estate funds to succeed. GPs expect 2009 and 2010 could become the next golden era. PERE Magazine December 2008/January 2009
The talk of the town has been the potential for LPs to default on capital calls. It may be just noise at the moment but it is raising questions about counterparty risk. For their part, LPs want greater transparency for their cash. PERE Magazine December 2008/January 2009